What is a Small Self Administered Scheme (SSAS)?

A SSAS (Small Self Administered Scheme) is a registered pension scheme set up by a company under trust with the object of providing pension benefits for nominated employees efficiently These will usually be the directors and proprietors employed by the company but can also include other employees. If appropriate, more than one scheme can be established.

The investments are held separately from the company’s assets and are administered by Trustees, this means the members have some degree of control over the choice of investments allowing them to make loans from their company or buy property and let it to a third party or to the sponsoring employer. Alternatively the funds could be invested in a wide range of vehicles.

These funds can be established by a company for its directors or key individuals, either singly or in groups, and can be invested in a wide range of assets. Importantly MAB Pension Limited allows clients and their advisers a high level of control over the underlying investments both before and after drawing benefits. In addition the investments are held in the names of the clients as trustees, together with MAB Trustee Company Limited, ensuring greater security and transparency.

Please note:

Michael Ambrose Limited have been involved in setting up and administering SASS since their conception and will provide guidance and advice to complement administrative services from MAB Pensions limited.

MAB Pensions Ltd and Michael Ambrose Limited are separate legal entities. Michael Ambrose Limited is the firm that would be responsible for advising on and arranging any potential pension contract.

To find out more about our services, or book your initial meeting, please get in touch.

Our commitment – to ensure that our clients get the very best from the financial services industry.

Directions
Our postcode for your SatNav or to find us using google maps is LE1 6XE